FFIC COO reports RSU grants and PRSU forfeiture
Flushing Financial Corp’s Sr.
Rhea-AI Filing Summary
Flushing Financial Corp’s Sr. EVP & COO Maria A. Grasso reported routine equity compensation changes. On January 26, 2026, 720 shares of common stock were withheld at $16.10 per share to cover taxes upon vesting, leaving her with 87,654 directly held shares.
On January 27, 2026, she received a grant of 7,590 restricted stock units (RSUs), which will cliff vest after three years, increasing her direct holdings to 95,244 shares. The same day, 8,700 performance RSUs from a 2023 grant were canceled because performance criteria were not met, and she received a new target grant of 7,590 performance RSUs, which can vest after a three‑year performance period if specified metrics are achieved. She also has 16,165 shares held indirectly in the Flushing Bank 401(k) Savings Plan as of January 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,700 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,590 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 7,590 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 720 | $16.10 | $12K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Shares withheld to satisfy taxes upon vesting.
- F2. Grant of RSUs which cliff vest at end of three year period.
- F3. Shares held in Flushing Bank 401(k) Savings Plan a/o 1/27/2026.
- F4. Disposition resulted from non-vesting of an equal number of PRSUs, due to performance criteria not being met, from the January 26, 2023 grant.
- F5. Grant of PRSUs, at target level, which cliff vest at the end of the three year performance period if certain performance metrics are achieved.
FAQ
What insider transaction did FFIC executive Maria Grasso report?
What RSU awards did FFIC grant to Maria Grasso in January 2026?
Why were 8,700 FFIC performance RSUs canceled for Maria Grasso?
What does the tax withholding transaction mean for FFIC insider Maria Grasso?
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